The immediate targets for Bitcoin are set between $105,000 and $108,000, with a longer-term goal of $122,000 if resistance levels are breached. Support levels lie around $100,000, and lower at $97,000 and $90,000.
Market participants expect increased volatility over the weekend, influenced by the upcoming presidential inauguration. However, trading volume remains cautious, indicating challenges at certain price levels while hinting at potential liquidity grabs.
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